Timber industry research & analytics News 
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
International Paper reports 2Q 2020 results
August 4, 2020 ` 19:08
International Paper Company IP reported 2Q 2020 net sales declined to $4,866 million in 2Q from the year-ago quarter’s $5,667 million. The reported figure also missed the Zacks Consensus Estimate of $5,124 million. Adjusted cost of sales was... 
Segezha Group is selling Medvezhyegorsky LPH for 102 million rubles
August 4, 2020 ` 18:52
Segezha Group put up for sale Medvezhyegorsky LPH — a sawn timber production plant located in Medvezhyegorsk, Karelia). The holding estimates its asset at 102 million rubles. The total land plot area exceeds 172,000 m², the production capacity... 
Japan’s plywood imports from China over 20% lower in May 2020
August 4, 2020 ` 18:26
Until March 2020 Japan reported a slight increase imports of plywood from the top three shippers, Indonesia, Malaysia and China. Starting in April and so far statistically recognized also in May import volumes trended down. Plywood imports from... 
Germany reports record pellet production in H1 2020
August 3, 2020 ` 16:06
Despite the corona crisis, in 1H 2020, Germany produced 1.502 million tonnes of wood pellets, thus breaking a new record. The German Energy Wood and Pellet Association eV (DEPV) justifies this with the increasing demand for climate-friendly fuel... 
Luzales continues implementation of large-scale investment projects
July 30, 2020 ` 17:33
The coronavirus situation slowed down some activities but the work at company’s plants never stopped, Valentin Rozhok, Director General at Luzales LLC, reports. “We are continuing construction and startup of new facilities. An area for dry sawn timber... 
The Ministry of Industry and Trade has included wood pellets in the list of products under the state support program
July 30, 2020 ` 16:52
On July 29, 2020, the Ministry of Justice of the Russian Federation registered an order of the Ministry of Industry and Trade of July 2, 2020 “On the approval of the list of products for the purpose of... 
Mikhail Gavrilov, Vice President at Saint Petersburg Bank, became a majority co-owner of Soyuz Group
July 29, 2020 ` 16:25
Mikhail Gavrilov owns a 55% share. The remaining 45% belongs to Yulia Bagieva, niece to Anatoly Serdyukov, report several federal-level mass media. Since 2015, Mikhail Gavrilov has owned a share in Karelia Pulp LLC (the largest Russian exporter... 
Mondi Paper Bags acquires paper bag lines from cement producers in Egypt
July 29, 2020 ` 16:17
Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will... 
Wood pellets production will be opened in the Nizhny Novgorod region
July 28, 2020 ` 17:17
Ros Group of Companies began construction of a plant for the production of wood pellets in May 2020, the press service of the regional government reports, citing First Deputy Governor Yevgeny Lyulin. The production capacity will be 36.000... 
Furniture production in China decreased in January-May 2020 by 14.4%
July 28, 2020 ` 15:56
According to the Ministry of Industry and Information Technology, 309.75 million pieces of furniture were produced between January and May 2020, a decrease of 14.4% YoY. In May, the production of furniture fell by 3.5% yoy to 70.67... 
Kastamonu to start producing 34 class laminate flooring
July 28, 2020 ` 14:41
Kastamonu plans to launch on the market a line of laminate flooring of 34 class of wear resistance, the press service of the company reports. Previously, the manufacturer’s product range was represented by laminate flooring only in the... 
Norske Skog: demand drop due to corona pandemic
July 27, 2020 ` 19:08
Norske Skog’s EBITDA in 2Q 2020 was NOK 138 million ($14.9 million), a decrease from NOK 379 ($41 million) in 1Q 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the... About WhatWood project
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
